The open Application Programming Interface (API) framework is progressing towards the next phase, said the Hong Kong Monetary Authority (HKMA), with 20 retail banks participating.
French regulators clarify mandate for climate and sustainable finance committee
The climate and sustainable finance committee set up by France’s financial regulators will act to facilitate the mobilisation of capital to foster a sustainable economy.
AMF to study impact of MiFID II rules on investment research
The Autorité des Marchés Financiers (AMF) is looking at how the markets in financial instruments directive (MiFID) II has influenced the market for investment research and in particular the impact it has had on analyst coverage of smaller listed companies.
FDIC warns of risks to US banking system
The Federal Deposit Insurance Corp’s 2019 risk review has drawn attention to areas of concern in the US economy.
SWIFT expands its KYC services as banks prioritise AML fight
SWIFT expands its KYC Registry to include corporates as banks battle with compliance and increasingly large fines related to money laundering breaches.
OCC consolidates two units to improve supervision
New division of the Office of the Comptroller of the Currency is part of an efficiency drive.
Foreign covered funds escape Volcker rule for two more years
The three federal prudential agencies consulted with the Securities and Exchange Commission and the Commodity Futures Trading Commission.
Doubts grow over EU implementation of Basel III
There are growing doubts over how faithfully the EU will transpose the finalised Basel framework into its regulatory regime as a potential recession looms over Europe.
Agencies announce major reforms to simplify Volcker rule
US agencies have made a series of modifications that come into effect early next year to help banks clarify what does and does not constitute proprietary trading under the Volcker rule.
Living wills of foreign banks given clean bill of health
With no major shortcomings having been found, US regulators decided to sign off on the resolution plans of 82 foreign banks operating in the US.
Most Viewed
- EMIR REFIT has potential to trigger unintended consequences
- The return of geopolitics will cause global banks considerable headaches
- MLRO’s have key role to play in protecting banks from money laundering risks
- Could an outcomes-based approach heal regulatory fragmentation?
- Link between sovereign debt and bank solvency must be cut
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